Energy & Environment Industry Today
Green Building Material Market Quadruples by 2022 at a ~17% Of Whooping CAGR; Asserts MRFR
Global Green Building Market Information, By Product Type (Exterior Products, Interior Products, Building Systems, Solar Products and Others), Application (Residential Buildings and Non-residential Buildings) and Region - Forecast To 2023
Published 18 January 2018
Market Highlights
Green Buildings are the structures that utilizes the resource efficient and environment friendly processes throughout the life cycle of the building. The market is driven by the increasing consumer awareness regarding energy efficiency and government supportive policies globally drives the market. Furthermore, the low maintenance cost, low operating cost and low water requirements the fueled the demand of the market. Health care industry by application contributes highest to the overall growth of the market. On the basis of region, North-America is the largest market both by value and volume. The Global Green Building Materials Market size was valued at around USD 158 Billion in 2015 and is expected to cross USD 245 Billion at CAGR of 17% by 2022.
Factors attributed to the growth of the market are increasing consumer awareness regarding energy efficiency and government supportive policies. There has been increased demand in the market due to low maintenance cost, low operating cost and low water requirements. The effective policies of the government for energy efficiency have fueled the growth of the market. Global green building materials market is expected to cross USD 245 billion at the end of the forecasted period and is expected to grow at CAGR of 17% from 2016 to 2022.
Prominent Players
Alumasc Group plc. (U.K.), Bauder Ltd. (U.K.), Wienerberger AG (Austria), Binderholz GmbH (Austria), Homasote Company (U.S.), CertainTeed Corporation (U.S.), LG Hausys Ltd. (South Korea), RedBuilt LLC (U.S.), PPG Industries, Inc. (U.S.), E. I. du Pont de Nemours and Company (U.S.), Forbo International SA (Switzerland), Kingspan Limited (U.K.), Lafarge Company (France), BASF SE (Germany), and Owens Corning (U.S.) are some of the prominent players at the forefront of competition in the global green building material market and are profiled in MRFR Analysis.
Get Sample of Report @ https://www.marketresearchfuture.com/sample_request/4982
Global Green Building Material Market - Competitive Analysis
The green building market is partnering with manufacturers to develop products and materials that reduce a building's overall embodied energy in order to create a more sustainable construction industry.
The industry has witnessed players entering the market to provide green building materials for the construction purposes. The new and existing players are seen investing more in the R&D to develop products and material that prove to be energy saving for construction. The industry has also witnessed increased interest in the concept of energy management systems to monitor the energy usage of buildings to ensure optimal energy savings. Increasing partnerships between green building component manufacturers and technology providers. The global acceptance of solar energy has caused solar technology to get better and cheaper and companies have started to develop products to cater to the requirement. For instance, Tesla (U.S.) has announced the launch of its new solar shingles.
Knauf Insulation, a member of World Green Building Council’s Europe Regional Network, and a global insulation company has achieved its 2020 sustainability targets in 2016, four years ahead of schedule, by reducing its energy use by 20.9 per cent and cut CO2 emissions by 25.1 per cent.
On the other hand, LIXIL Corporation (Japan) and TEPCO Energy Partner, Incorporated (Japan) announced a joint venture company called LIXIL TEPCO Smart Partners, Inc. The association between the two companies is expected to promote the building of eco-friendly net zero energy houses (ZEH)1 in Japan. The operation started in October, 2017. BASF was also seen supporting sustainable building and contribute to climate protection. BASF showcased a range of these solutions in the World Green Building Week in October 2017. These include insulation systems, solutions to optimize the concrete mix, ways to reduce impact sound, and more.
Alumasc Group plc. Introduced VAEPLAN single ply roofing membrane. This offers an effective, long-lasting roofing solution. The company recently installed the product at Oyster Wharf, Mumbles. Furthermore Bauder green roof bus shelter, was recognized by The Norfolk Association of Architects.
Global Green Building Material Market - Segments
Global Green Building Material Market is segmented in to 3 Key dynamics for an easy grasp and enhanced understanding.
Segmentation By Application : Comprises – Residential, Commercial, Infrastructure, Industrial.
Segmentation By End-use : Comprises – Exterior siding, Interior Finishing, Insulation, Framing, Roofing and others
Segmentation By Regions : Comprises Geographical regions - North America, Europe, APAC and Rest of the World
Get Complete Report @ https://www.marketresearchfuture.com/reports/green-building-market-4982
Global Green Building Material Market - Regional Analysis
The market across all regions is exoected to show staggering growth due to its low operational & maintenance costs and supportive environmental regulations pertaining emissions. There are various rating systems for green buildings which define the quality of the construction in developed regions. Such organizations are Energy and Environmental Design (LEED), Building Research Establishment Environmental Assessment Method (BREEAM), and Green Building Evaluation Labeling (GBEL).
However major growth and investment in green building market is seen in APAC countries. The region is expected to witness staggering growth in the forecast period. The governments are seen promoting the green building practice along with offering flourishing markets to the international companies to push the market. The companies are seen investing in the innovation of new advanced technologies in APAC region, especially in China, Idnia, Indonesia, among others and this is expected to boost the green building materials market demand. There are few challenges that the industry faces. High costs hinder the market growth in the long run.
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
Contact
Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune - 411028
Maharashtra, India
+1 646 845 9312
Email: sales@marketresearchfuture.com
Green Buildings are the structures that utilizes the resource efficient and environment friendly processes throughout the life cycle of the building. The market is driven by the increasing consumer awareness regarding energy efficiency and government supportive policies globally drives the market. Furthermore, the low maintenance cost, low operating cost and low water requirements the fueled the demand of the market. Health care industry by application contributes highest to the overall growth of the market. On the basis of region, North-America is the largest market both by value and volume. The Global Green Building Materials Market size was valued at around USD 158 Billion in 2015 and is expected to cross USD 245 Billion at CAGR of 17% by 2022.
Factors attributed to the growth of the market are increasing consumer awareness regarding energy efficiency and government supportive policies. There has been increased demand in the market due to low maintenance cost, low operating cost and low water requirements. The effective policies of the government for energy efficiency have fueled the growth of the market. Global green building materials market is expected to cross USD 245 billion at the end of the forecasted period and is expected to grow at CAGR of 17% from 2016 to 2022.
Prominent Players
Alumasc Group plc. (U.K.), Bauder Ltd. (U.K.), Wienerberger AG (Austria), Binderholz GmbH (Austria), Homasote Company (U.S.), CertainTeed Corporation (U.S.), LG Hausys Ltd. (South Korea), RedBuilt LLC (U.S.), PPG Industries, Inc. (U.S.), E. I. du Pont de Nemours and Company (U.S.), Forbo International SA (Switzerland), Kingspan Limited (U.K.), Lafarge Company (France), BASF SE (Germany), and Owens Corning (U.S.) are some of the prominent players at the forefront of competition in the global green building material market and are profiled in MRFR Analysis.
Get Sample of Report @ https://www.marketresearchfuture.com/sample_request/4982
Global Green Building Material Market - Competitive Analysis
The green building market is partnering with manufacturers to develop products and materials that reduce a building's overall embodied energy in order to create a more sustainable construction industry.
The industry has witnessed players entering the market to provide green building materials for the construction purposes. The new and existing players are seen investing more in the R&D to develop products and material that prove to be energy saving for construction. The industry has also witnessed increased interest in the concept of energy management systems to monitor the energy usage of buildings to ensure optimal energy savings. Increasing partnerships between green building component manufacturers and technology providers. The global acceptance of solar energy has caused solar technology to get better and cheaper and companies have started to develop products to cater to the requirement. For instance, Tesla (U.S.) has announced the launch of its new solar shingles.
Knauf Insulation, a member of World Green Building Council’s Europe Regional Network, and a global insulation company has achieved its 2020 sustainability targets in 2016, four years ahead of schedule, by reducing its energy use by 20.9 per cent and cut CO2 emissions by 25.1 per cent.
On the other hand, LIXIL Corporation (Japan) and TEPCO Energy Partner, Incorporated (Japan) announced a joint venture company called LIXIL TEPCO Smart Partners, Inc. The association between the two companies is expected to promote the building of eco-friendly net zero energy houses (ZEH)1 in Japan. The operation started in October, 2017. BASF was also seen supporting sustainable building and contribute to climate protection. BASF showcased a range of these solutions in the World Green Building Week in October 2017. These include insulation systems, solutions to optimize the concrete mix, ways to reduce impact sound, and more.
Alumasc Group plc. Introduced VAEPLAN single ply roofing membrane. This offers an effective, long-lasting roofing solution. The company recently installed the product at Oyster Wharf, Mumbles. Furthermore Bauder green roof bus shelter, was recognized by The Norfolk Association of Architects.
Global Green Building Material Market - Segments
Global Green Building Material Market is segmented in to 3 Key dynamics for an easy grasp and enhanced understanding.
Segmentation By Application : Comprises – Residential, Commercial, Infrastructure, Industrial.
Segmentation By End-use : Comprises – Exterior siding, Interior Finishing, Insulation, Framing, Roofing and others
Segmentation By Regions : Comprises Geographical regions - North America, Europe, APAC and Rest of the World
Get Complete Report @ https://www.marketresearchfuture.com/reports/green-building-market-4982
Global Green Building Material Market - Regional Analysis
The market across all regions is exoected to show staggering growth due to its low operational & maintenance costs and supportive environmental regulations pertaining emissions. There are various rating systems for green buildings which define the quality of the construction in developed regions. Such organizations are Energy and Environmental Design (LEED), Building Research Establishment Environmental Assessment Method (BREEAM), and Green Building Evaluation Labeling (GBEL).
However major growth and investment in green building market is seen in APAC countries. The region is expected to witness staggering growth in the forecast period. The governments are seen promoting the green building practice along with offering flourishing markets to the international companies to push the market. The companies are seen investing in the innovation of new advanced technologies in APAC region, especially in China, Idnia, Indonesia, among others and this is expected to boost the green building materials market demand. There are few challenges that the industry faces. High costs hinder the market growth in the long run.
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
Contact
Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune - 411028
Maharashtra, India
+1 646 845 9312
Email: sales@marketresearchfuture.com
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